France advances proposed 31.4% stablecoin swap tax in 38–37 vote

The budget vote is scheduled for Nov. 3; the proposal still needs further parliamentary approval.

First reported Oct 20, 2026, 11:40 UTC

Source reports

France's parliament approves vote to hit stablecoin trades with 31% capital gains tax — link — Rickler Feed, Oct 20, 2026, 11:40 UTC
France's parliament approves 31% capital gains tax on stablecoin trades - Coindesk 🔗 Discord · Leviathan · Source 🗺️ France · Crypto Taxes 🕵️ @w00tcake via 🌊 Tsunami — Rickler Feed, Oct 20, 2026, 11:50 UTC
France's parliament approves 31% capital gains tax on stablecoin trades - Coindesk 🔗 Discord · Leviathan · Source 🗺️ France · Crypto Taxes 🕵️ @w00tcake via 🌊 Tsunami — Закрепи.sender, Oct 20, 2026, 11:50 UTC
FRANCE MOVES BUDGET REVENUE VOTE TO NOV. 3 A provision would tax private investors' gains on swaps into single-currency stablecoins from January 2027, before they cash out. Further parliamentary votes are still needed. Read more here… — @DefiantNews (X), Oct 20, 2026, 11:59 UTC
BREAKING: 🇫🇷France officially approves a proposed 31.4% tax on gains from certain crypto-to-stablecoin swaps starting 2027. — @coinbureau (X), Oct 20, 2026, 12:00 UTC
NEW: French lawmakers narrowly approve a proposal to tax crypto-to-stablecoin swaps at 31.4% from January 2027, but the amendment still needs Senate approval and budget reconciliation before becoming law. — @CoinDesk (X), Oct 20, 2026, 12:45 UTC

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